Press Release

Poole Lumber to be sold to Doug Ashy Building Materials of Lafayette

New Poole Lumber to expand workforce, product lines

(Covington, La. – Aug. 10, 2015) – Owned for four generations by the same Covington family and having a devoted customer base of the area’s premier builders, Poole Lumber Company will be sold to a Lafayette-area company that shares a similar family ownership history and reputation for the personal nature of its customer service and the high quality of its building materials. The impending sale is scheduled to take place in late August to Doug Ashy Building Materials, which has six stores across southwest Louisiana Parishes serving builders, contractors and DIYers. It is one of the largest businesses in Acadiana.

Plans are to keep the name as it has been: Poole Lumber Company.

The current Poole workforce will be retained, according to Doug Ashy Building Materials President and Chief Executive Officer Steve Ashy, Sr., with plans to expand staff in the near future, He said their plans are to also increase the product lines available to customers. The company is very contractor oriented, he said, and will continue to honor all warranties on building materials already purchased at Poole Lumber.

“We are remarkably similar to Poole, both in our roots and by our continuing passion to make sure our customers can rely on us to have the quality of materials they need,” Ashy said. “But with our size, we bring more buying power and a wealth of knowledge with our more than 300 employees in the Lafayette area. This means the professional builders, contractors, Do-It-Yourselfers and other customers in St. Tammany will see more product lines, very competitive prices and the highest quality of both customer service and materials at our new location. We plan to be a partner in the growth of the Northshore area.

Poole Lumber Company is celebrating its 70th year in operation, according to Wilson A. LaGraize, Jr., Court Appointed Receiver for Poole Lumber, who conducted the search for a buyer and is now guiding the transition to new ownership. LaGraize was appointed by 22nd Judicial District Court Judge William J. Knight, who decided the best resolution of civil proceedings involving heirs of the Poole family was a sale of Poole Lumber.

“All the owners of Poole Lumber are good people and ran a great operation for many years. The Ashy’s plan to continue this tradition,” LaGraize said. “As a local resident, I see this sale to the Ashy family as very positive news because the Doug Ashy people are committed to being good members of our community, just as they are in Acadiana.”

Not only does the Doug Ashy company share a similar foundation to Poole Lumber, but Doug Ashy, Sr., and Steve Ashy, Sr., had a long friendship and professional relationship with W. Wallace Poole, Jr., son of the founder of Poole Lumber and its second President. All three served as President of the Louisiana Building Materials Dealers Association.

Doug Ashy opened its first store in Lafayette in 1960. It has expanded to open stores in New Iberia, Rayne, Ville Platte, Breaux Bridge and a second Lafayette store. They also operate a drywall and roofing supply company, Louisiana Drywall, in Lafayette.

“I am thrilled we are gaining a company with the reputation and values of Doug Ashy, who will not just keep the Poole Lumber business open but are dedicated to making it grow. That they are keeping locals employed and even expanding the number of employees soon, is a great way to introduce themselves to St. Tammany,” said St. Tammany Parish President Pat Brister.

Poole-Lumber-Ashy-FamilyPHOTO IDENTIFICATION: Pictured are members of the family of Doug Ashy Building Materials: (bottom row, from left) Steve Ashy Sr., President/CEO; D.J. Ashy, V.P. Lumber Purchasing; Claire Ashy, Founder; Doug Ashy Sr., Founder; Ken Ashy, Secretary/Treasurer; (top row, from left) Cullan Ashy, Yard/Warehouse; Michael Ashy, V.P. Operations; Steven Ashy Jr., V.P. Business Development; and, Doug Ashy Jr., Stockholder/Head of Purchasing.

Background

  • OF SPECIAL IMPORTANCE TO CONTRACTORS, BUILDERS: Warranties for any building material purchased before the sale date will continue to be honored for the length of the warranty period by Doug Ashy Building Materials.
  • Anticipated sale date: Sep. 1
  • In addition to expanded inventory for customers, plans call for improving the store layout and delivery equipment.

Doug Ashy Building Materials        http://dougashy.com/

  • A tradition of excellence that started with one delivery truck and four employees continues to present day at Doug Ashy Building Materials, which is now the premier building material supplier and 21st largest company in Acadiana.
  • Founded by Claire and Doug Ashy in 1960, the company began servicing the Lafayette community with four employees and a single delivery truck. Today, Doug Ashy Sr. is retired, and his sons, Doug Jr., Steve, and Ken continue to provide the building community with a full line of high quality building materials at their “One Stop Shopping Centers.” Now, Doug Jr. and Steve are joined by their sons DJ, Steven, Michael and Cullen to help continue the dreams of Claire and Doug Ashy.
  • The company now includes three locations in Lafayette: two full service lumber yards and Louisiana Drywall, Roofing & Specialties. Doug Ashy Building Materials also has four other locations in Rayne, New Iberia, Ville Platte, and Breaux Bridge, which allows it to serve the entire Acadiana region.
  • Its Flooring and Decorating Center, which staffs multiple interior decorators, offers hundreds of competitively priced flooring options and is a long-time member of Carpet One Buying Group. The company also recently opened a Cabinet Design Center employing highly trained experts to help customers design the kitchen of their dreams.
  • Its more than 300 employees have over 1,500 years of experience, considered the company’s biggest asset in helping the home builder from start to finish. Technology is one of the company’s hallmarks, meaning its employees can help customers precisely match colors, design decks and lay out kitchens to fit specific needs. Their advanced delivery system ensures materials are brought to job sites undamaged and on time.
  • Doug Ashy Building Materials is a member of Lumberman’s Merchandising Corporation, the largest building materials buying group in the country. This allows them to be very competitive on pricing. They are also very active in trade associations.
  • Proud to support the region they call home, community involvement has always been a high priority of Doug Ashy Building Materials.

 

Poole Lumber Company

  • For four generations, the Poole family built its legacy as owners of the Poole Lumber Company Located at 1815 N Columbia St., Covington, the company has been known for personal customer service, quality products at competitive prices, practicing sound forest management and giving back to the community.
  • Theodore Dendinger, Sr., great-grandfather of the Poole brothers, owned and operated a sawmill in Madisonville, LA in the late 1800s. The Madison Lumber Company in New Orleans, and the Livingston Sawmill in Springfield evolved from there, and operated until 1953.
  • In 1945, after serving in the North Atlantic during World War II as a Naval Lieutenant, Weldon W. Poole returned home and opened Poole Lumber Company, a lumber re-manufacturing plant in Covington, La. His company dried and dressed rough-cut lumber purchased from small local mills, into finished products. Poole Lumber Company also introduced redi-mix concrete to the western side of St. Tammany parish. Three years later, Weldon opened the company office and warehouse at the former site of a cinder-floored blacksmith and buggy paint shop. Then, in 1975, Weldon Poole moved his operations to the current 200,000 square foot facility which sits on more than 17 acres.
  • The Poole brothers, Wallace and John, took over the operation of Poole Lumber Company and expanded and remodeled the showroom to 30,000 square feet.
  • Weldon Wallace “Wally” Poole III managed Poole Lumber following in the footsteps his father and uncle. Deeply involved in both his industry and the local community, he passed away in 2010 at age 37. His sisters and co-owners of the company, Enid Poole Gorringe, Erin Poole and Ashley Poole Fuselier, were unable to agree on the future of Poole Lumber, leading to a civil court case that will be resolved by the sale of the company.